Charoen Pokphand Enterprisetaiwan Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 08:20 pm
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Charoen Pokphand EnterpriseTaiwan Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 5,150.471 million compared to TWD 4,528.957 million a year ago. Operating income was TWD 487.614 million compared to TWD 223.968 million a year ago. Net income was TWD 389.744 million compared to TWD 129.672 million a year ago. Basic earnings per share from continuing operations was TWD 1.43 compared to TWD 0.44 a year ago. Basic earnings per share was TWD 1.46 compared to TWD 0.48 a year ago. For the half year, sales was TWD 10,185.768 million compared to TWD 9,080.206 million a year ago. Operating income was TWD 824.744 million compared to TWD 550.734 million a year ago. Net income was TWD 631.874 million compared to TWD 393.036 million a year ago. Basic earnings per share from continuing operations was TWD 2.37 compared to TWD 1.41 a year ago. Basic earnings per share was TWD 2.36 compared to TWD 1.47 a year ago.
Charoen Pokphand Enterprise Taiwan Co Ltd is a Taiwan-based company that is primarily engaged in the manufacture and sale of feed and meat products. The Company operates through four segments. The Feed segment produces all types of poultry and livestock feed and wholesales bulk materials. The Meat Processing segment is engaged in the electric slaughtering of poultry. The Food Processing segment is engaged in the processing of various cooked meat products. The Egg Breeder segment operates the breeding and chick farming of egg and meat breeders. Products include processed meat products, agricultural and livestock meat products, feed and processed cooked materials. Its processed meat products include chicken floss, ham, chicken nuggets, chicken steaks, and roasted chicken.